Source
r/BytecoinBCN•
mrstupidbrain

to be or not to be

On April 23, Medium user ranimes posted a blog entitled, “New batchOverflow Bug in Multiple ERC20 Smart Contracts,” detailing how a “a previously unknown vulnerability in the contract” that could allows “an attacker to possess a huge amount of tokens by exploiting these vulnerable contracts,” thus allowing for price manipulation. The blog mentions that another problem could arise with non-centralized exchanges that use offline trading services, “as they cannot even stop attackers from laundering their tokens.” TOTAL FAIL THE END

Lol ?!?!??!?!?!?!??!?! and the last sentence The current problem with some ERC20 tokens comes just after MyEtherWallet reported yesterday that around $150 mln ETH was stolen in an unrelated DNS hack.

Posted Apr 25, 2018, 6:46 PM UTC · edited

15
kadhirvelavan•

Yes this is serious issue and will bring down erc20 completely.

1
BCN_official•

This is interesting, could you send us a link to the blog?

1
mrstupidbrainOP•

If you dont have it already :) https://goo.gl/KTeYRF another Great AMA by the way ! :)

2
BCN_official•

Thank you kindly!

1
mrstupidbrainOP•

and please care for DNS attacks and hacks... i think they are easiest to spot and detect and prevent... i cant believe IT world is still not prepared for this kind of old and easy to mitigate attack....

1